India Manufacturing Talk

News and Views on Manufacturing in India

India Manufacturing Surges in August

A recent article in Automation World, freelance journalist Uday Lal Pai has put down some positive figures based on industrial output as of August 2009.  Manufacturing output is expected to be at 8% for the year ending March 2010 and Industrial Production (IIP) has grown 10.4% YOY as of August 2009 – the highest its been over the past 22 months.  Indian Government officials have been quick to claim that the worst might be over for the Indian economy based on these strong numbers.

“It (industrial growth) is a good sign and it is a process of recovery.  We are hoping that when the final figure for the second quarter (July-September)is available, there will perhaps be some higher growth.”


(Economic) Independance Day

This year on August 15 India celebrates sixty years as an independent nation. Mahatma Gandhi, whom we widely acknowledge as the Father of the Nation, along with the thousands of freedom fighters would be proud to see what the country has achieved. Unfortunately for many of them India’s achievements in their lifetimes were short of what they had imagined.

Things were just not good for India for a long time. In fact things were so bad that for many it became a very attractive option to leave Indian shores and look for better prospects in America, England and other places. Entire generations were crushed with massive inferiority complexes. Anybody who talked up India in those years stood the possibility of ridicule for “being another Gandhi”. Even those who did stand for India did so with a shadow of a doubt. Even the good causes resulted in bad. Advances in food conditions, literacy, medicine and health led to massive population explosion as the nation hit the steep slope of the demographic transition curve.


Add to Technorati Favorites

India Manufacturing Talk

This work is licensed under a Creative Commons 3.0 License.

Sade Theme - Created by o-kahn